ResultsReal Estate & PropTech
IndiQube Q2 loss narrows 80% on 35% revenue growth
By Abha Lohia · Editor ·
IndiQube: revenue, valuation and funding and every story →
Q2 FY27BengaluruFounded 2015
- IndiQube, founded in 2015 and based in Bengaluru, offers managed workspaces to startups, enterprises and SMEs across Indian cities
- Operating revenue rose 35% to ₹472 Cr in the September quarter, from ₹350 Cr a year earlier
- Net loss shrank about 80% to ₹5.9 Cr, though lease depreciation climbed 25% to ₹195 Cr
What happened
- Revenue from operations hit ₹472 Cr.
- Net loss narrowed to ₹5.9 Cr from ₹29.9 Cr.
Why it matters
- Half-year revenue grew 35.7% to ₹895 Cr.
The business
- Managed office spaces across major cities.
The founders
In numbers
₹129 CrFinance costs · Q2 FY27
The numbers around it
IndiQube has 1 funding rounds in StopDown's archive, $45 million raised in all.
| When | Round | Amount | Led by |
|---|---|---|---|
| 6 April 2022 | growth | $30M | IndiQube promoters |
Terms in this story
- Startup: A startup is a young company built to find a new way of doing something and to grow fast, usually by serving many customers at little extra cost. India also has a legal definition for scheme benefits: under ten years old, turnover under ₹200 crore, and working on innovation or a scalable model.
- Revenue from operations: Revenue from operations is what a company earns from its main business. Total income adds other income, such as interest on cash. When Indian outlets report different revenue for the same startup and year, they are often quoting one of these two lines.
- Financial year: An Indian financial year runs from 1 April to 31 March, and it is named after the year it ends. FY26 means April 2025 to March 2026. Startup results for a year arrive months after it closes, so a November 2026 story may still be about FY25.
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